10407 Pontiac Street, Oakland, California 94603, Oakland, 94603 - bed, bath
ACTIVE$549,900
10407 Pontiac Street, Oakland, California 94603
0Bed
0Bath
1,452Sqft
5,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Property: As a duplex, the property inherently offers two potential income streams, providing immediate cash flow opportunities for investors.
Top Cons:
Requires Substantial Renovation: One unit is explicitly stated as 'ready for updating,' indicating that significant capital expenditure and effort will be required to modernize and maximize its value.
Compared to the nearby listings
Price:$549.9K vs avg $670.0K ($-120,100)29%
Size:1,452 sqft vs avg sqft86%
Price/sqft:$379 vs avg $086%
More Insights
Built in 1941 (84 years old).
Condition: Built in 1941, this property is explicitly marketed as a 'value-add project' requiring 'substantial renovation.' The interior images show worn carpets, basic and outdated light fixtures, and a visible old-model kitchen range. While the description notes 'solid bones,' the overall condition, especially the dated kitchen and bathrooms (implied by the age and visible appliance), indicates a need for extensive modernization and potential system replacements, aligning with the 'Poor' condition criteria.
Year Built
1941
Close
-
List price
$550K
Original List price
$650K
Price/Sqft
$379
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2508971
Home ConditionPoor
Features
View-
About this home
NEW PRICE Duplex with Huge Potential in Oakland! Unlock the upside with this Oakland duplex—perfect for investors or contractors looking for a value-add project. Both units feature solid bones, with one ready for updating, offering the chance to remodel, reposition, and maximize returns. A rare 4-car garage provides excellent potential for an ADU conversion (buyer to verify), extra storage, or workshop space—creating the opportunity for multiple income streams. With Oakland’s strong rental demand and ongoing East Bay growth, this property offers a prime opportunity to boost cash flow and build long-term equity. Whether you renovate and hold or improve and resell, this duplex delivers versatility and strong upside potential.
Nearby schools
3/10
Fred T. Korematsu Discovery Academy
Public,•K-5•0.3mi
5/10
Esperanza Elementary School
Public,•K-5•0.3mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.5mi
3/10
Madison Park Academy 6-12
Public,•6-12•1.0mi
1/10
Castlemont High
Public,•9-12•1.4mi
2/10
Fremont High
Public,•9-12•3.3mi
2/10
Oakland International High School
Public,•9-12•8.2mi
Condition Rating
Poor
Built in 1941, this property is explicitly marketed as a 'value-add project' requiring 'substantial renovation.' The interior images show worn carpets, basic and outdated light fixtures, and a visible old-model kitchen range. While the description notes 'solid bones,' the overall condition, especially the dated kitchen and bathrooms (implied by the age and visible appliance), indicates a need for extensive modernization and potential system replacements, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Multi-Unit Income Property: As a duplex, the property inherently offers two potential income streams, providing immediate cash flow opportunities for investors.
Significant Value-Add Potential: Explicitly marketed as a 'value-add project,' it's ideal for investors or contractors looking to remodel, reposition, and maximize returns through renovation.
ADU Conversion Opportunity: The rare 4-car garage presents excellent potential for an Accessory Dwelling Unit (ADU) conversion, which could create multiple additional income streams.
Strong Market Fundamentals: Located in Oakland, the property benefits from strong rental demand and ongoing East Bay growth, supporting long-term equity building and investment.
Investment Versatility: The property offers flexibility for various investment strategies, allowing buyers to either renovate and hold for rental income or improve and resell for profit.
Cons
Requires Substantial Renovation: One unit is explicitly stated as 'ready for updating,' indicating that significant capital expenditure and effort will be required to modernize and maximize its value.
Due Diligence for ADU: While the 4-car garage offers ADU potential, the description notes 'buyer to verify,' meaning the conversion is not guaranteed and requires independent research, permits, and potentially significant costs.
Older Property Condition: Built in 1941, the property may have outdated systems, structural components, or require extensive repairs common with homes of this age, increasing renovation costs and complexity.